2026 Cy Young Odds: Cease-Schlittler May Go Down to the Wire

Jason Wilson - Betting Analyst at Covers.com
Jason Wilson • Betting Analyst 19+ years betting experience
Updated: Jul 14, 2026 , 01:33 PM ET • 4 min read

Entering the break, Cam Schlittler and Dylan Cease are primed to do battle in the second half.

Dylan Cease Toronto Blue Jays MLB
Photo By - Reuters Connect. Dylan Cease of the Toronto Blue Jays.

The Cy Young odds have settled along with the dust from the first few months of the MLB season, now that the All-Star break is here.

The AL looks like a two-horse race, while the NL is playing catch-up behind Milwaukee Brewers ace Jacob Misiorowski.

Let's look at the latest MLB odds to win the Cy Young awards and make some Cy Young predictions along the way.

Odds to win AL Cy Young award 2026

Player Polymarket
Yankees Cam Schlittler  +113
Blue Jays Dylan Cease +119
Rangers Jacob deGrom  +2678
Guardians Gavin Williams +5782
Tigers Tarik Skubal +9900

Odds last updated on 7-14. Odds from Polymarket. Use our Polymarket promo code (COVERS) for a $50 trading bonus when you deposit at least $20 as a new user.

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Odds to win NL Cy Young award 2026

Player Polymarket
Brewers Jacob Misiorowski -245
Phillies Cristopher Sanchez +567
Phillies Zack Wheeler +900
Dodgers Yoshinobu Yamamoto +1941
Braves Chris Sale +1989
Dodgers Shohei Ohtani +2400
Paul Skenes +4662

Odds as of 7-14.

MLB Cy Young analysis

Dylan Cease at +3000 looks like a great pick in hindsight. While my early-season predictions are largely a dog's breakfast, getting that line nearly makes up for my ultra-confident investment in Paul Skenes.

Now, I don't think you can fully write Skenes off, and at +4662, he's even somewhat tantalizing today, but it will be a true uphill battle down the stretch for that to become a reality.

Some of that will depend on Jacob Misiorowski's health and durability. For one, "The Miz" is sitting out of the All-Star Game and was skipped in the Milwaukee rotation before the break. Brewers manager Pat Murphy even said he wouldn't be in the rotation for the first series out of the break, either. They're playing it safe with their righty with good reason, but an extended absence (if his "fatigue" is worse than it appears) would certainly make things interesting.

As for Cease, he's the ASG starter for the Junior Circuit. Granted, Cam Schlittler elected to sit out the Midsummer Classic, but Blue Jays skipper John Schneider said he'd have picked Cease either way (an easy thing to say after the other guy is officially taking a seat).

If the season ended today, it'd be Schlittler's award. However, at 118 2/3 innings, he's approaching the career high of 149 2/3 (between MLB and MiLB) in 2025. If Schlittler starts to fade and Cease taps into his trademark durability (for this era), then this could change. It wouldn't be a bad idea to reinvest in Cease if you're confident in his ability.  

MLB Cy Young futures predictions

Pick Odds Pick date Units
Pirates Paul Skenes +200 May 11 2.5
Mets Nolan McLean +2500 May 11 0.5
Blue Jays Kevin Gausman +4000 April 20 0.25
Marlins Eury Perez +3500 March 25 0.25
Blue Jays Dylan Cease +3000 March 25 0.25
Reds Hunter Greene +1400 February 24 0.25
Royals Cole Ragans +1300 February 24 0.25

Popular MLB futures markets


Previous Cy Young Award winners

Here are the last 10 winners of the AL and NL Cy Young Award, with Detroit, Cleveland, Houston, Washington, and the New York Mets each leading the way with two. Overall, the Brooklyn/Los Angeles Dodgers have the most Cy Youngs all time (12), followed by the Milwaukee/Atlanta Braves with eight and the Philadelphia Phillies, Boston Red Sox, and Mets with seven apiece.

Previous AL Cy Young winners

Year American League Winner
2025 Tigers Tarik Skubal
2024 Tigers Tarik Skubal
2023 Yankees Gerrit Cole
2022 Astros Justin Verlander
2021 Blue Jays Robbie Ray
2020 Guardians Shane Bieber
2019 Astros Justin Verlander
2018 Rays Blake Snell
2017 Guardians Corey Kluber
2016 Red Sox Rick Porcello

Previous NL Cy Young winners

Year National League Winner
2025 Pirates Paul Skenes
2024 Braves Chris Sale
2023 Padres Blake Snell
2022 MarlinsSandy Alcantara
2021 Brewers Corbin Burnes
2020 Reds Trevor Bauer
2019 Mets Jacob deGrom
2018 Mets Jacob deGrom 
2017 Nationals Max Scherzer
2016 Nationals Max Scherzer

MLB Cy Young Odds

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Jason Wilson Covers.com
Betting Analyst

Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

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